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LEDES XML E-Billing Version 2 Overview
The Ledes XML E-Billing Version 2 format was approved by the LOC membership in 2006 as an update to the Ledes 2000 standard. Among other changes, the format changes how the math is calculated on an invoice, includes the ability to itemize complex taxes, bill alternate fee arrangements, credits and debits on a matter, supports multiple vendor tax identification numbers, eliminates non-mainstream ebilling data elements, is consistent in the use of terminology and contains elements necessary to support international currencies. It is intended to be the future direction of the LEDES ebilling standard.